The US-listed tanker company has agreed to sell 13.4m of its commonstock and 97,579 of preferred stock.
Each preferred stock will convert into 100 shares of commonstock pending a vote by shareholders to increase the number of issued shares.
DHT said certain of its existing shareholders and the institutionalinvestors participating in the private placement have agreed to support theincrease.
The common stock is being sold at $4.75
